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Location: Home > Core Business > Overseas Business
Overview of Overseas Business
Source:CREC Date:2018年11月26日

As early as the 1950s in 20th century, CREC began to set foot in overseas business. For more than 6 decades, CREC has built Tanzania-Zambia Railway, Angolan Railway, Ethiopian Capital Light Rail, Tanzania Jiganboni Bridge, Belarus Berezov Power Station and many other fine works by means of design, construction, Engineering-Procurement (EPC), BOT, PPP and overseas investment as well as other project operation models. Its business has covered more than 90 countries and regions including Asia, Africa, South America, Oceania and Central and Eastern Europe, etc. Up to now, CREC has established 38 sub-branches and offices in Malaysia, Venezuela, Singapore, South Africa and Indonesia, having more than 60,000 employees around the world. In 2016, CREC achieved overseas business volume of USD 1.10045 billion.


CREC has developed into an integral part of global society and economy. With its high quality services and products, it has fully integrated into the cooperation with the world to work together for sustainable development. CREC will better grasp the pulse of the market, understand the local information so as to meet customer needs more quickly and efficiently.


CREC has provided services for more than 90 countries and regions in the world. It has built a large number of overseas projects including the Tazara Railway, Angola Railway, United Arab Emirates Palm Island, Singapore Light Rail Transit, Ethiopia Light Rail Transit, United States Tanana Bridge and Algeria Airport. The Company has participated in Antarctic expedition for 13 times, who finished the construction and maintenance tasks of Zhongshan Station, Great Wall Station and Kunlun Station. The Company will steadily promote the process of Russia High-Speed Railway, China-Laos Railway, China-Thailand Railway, Indonesia High-Speed Railway and other major projects of the “Belt and Road” Initiative.


CREC takes the “Belt and Road” Initiative as an opportunity to vigorously explore overseas markets. The Company’s overseas projects cover lots of areas, such as railway, highway, bridge, tunnel, municipal engineering, mineral resources development, real estate development and industrial investment. The Company has overseas offices and projects in 84 countries and regions. Outstanding overseas projects include Jakarta-Bandung High-speed Railway Project in Indonesia, Moscow-Kazan High-speed Railway Project in Russia, China-Laos Railway Project, Addis Ababa-Djibouti Railway Project in Ethiopia, Addis Ababa Light Rail Project in Ethiopia, Kuala Lumpur SGX (MRT) Light Rail Project in Malaysia, Padma Bridge Project in Bangladesh, QAMCHIQ Tunnel Project of Anglian-Pap Electrified Railway in Uzbekistan, and A1 Road Project in Botswana. As one of the world's largest construction contractors, CREC has entered the world's top 500 companies for 11 successive years. In 2016, CREC was ranked 57th among Fortune Global 500 and 2nd among Top 250 Global Contractors in ENR magazine. CREC was also ranked 20th in international engineering contractors.

 

Project Name

Year of Completion

Contract Value (million USD)

Overview

Palm Island Project in the UAE

2006

300

Started in 2002, the project is a dredging and reclamation project. It involves an island reclamation of 64 square kilometers with a reclamation capacity of 124 million cubic meters. CREC completed the entire project independently and it is the first large-scale project awarded by the UAE to Chinese companies.

Hong Kong MTR 602 Project

2002

128

Started in 1999, the project is a railway of Hong Kong MTR Tseung Kwan O Line and CREC has built 40% of the project.

Highway Reconstruction Project in Ghana

2006

21

Started in 2002, the project is one of the foreign aid highway projects in China and started construction in 2004. With a total length of about 17 kilometers, the entire project was independently constructed by CREC.

Paksey Bridge Project in Bangladesh

2004

127

Started in 2000, the project was the first bridge construction project across the Padma River. With a total length of about 1,786 meters, the entire bridge was independently built by CREC.

 No.13 Highway Project in Laos

1997

45

Started in 1992, the project was a reconstruction project for No. 13 Highway in Laos. With a total length of about 276 kilometers, the entire project was independently constructed by CREC.

 

 

 


 

 


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